Conditions for handling domestic commercial factoring companies

Conditions for handling domestic commercial factoring companies: Commercial factoring companies should be established in the form of a limited liability company with a registered capital of not less than 50 million yuan.，The registered capital of a joint-stock company shall not be less than RMB 100 million.。All investments are in the form of currency，Foreign capital includes legally obtained overseas RMB。

1. Commercial factoring companies should set up independent companies，The operating period generally does not exceed 30 years。
2. Commercial factoring enterprises should add the words "commercial factoring" in their names。 two、Conditions for handling domestic commercial factoring companies：
3. Registered capital shall not be less than RMB 50 million。
4. *Profit in the past two years，Provide audit report，Assets reach more than 50 million。
5. When applying for establishment，There should be 3 or more senior managers with more than 3 years of management experience in the financial field and no bad records.。
6. The remaining relevant provisions are consistent with the conditions for foreign investment establishment.。

three、Business scope of domestic factoring companies： "Guaranteed payment agency (non-bank financing)" and "factoring-related business consulting" are common business scopes of domestic factoring companies，However, there are many more business scopes that factoring companies often add to the list.，Other business scopes if there is no special

Require

All can be written，For example, the following business scope：Operating import and export business、Economic Information Consulting、Invest and establish industries、supply chain management、Trusted asset management、Engage in guarantee business, etc.。

Four、Business scope of foreign factoring companies： According to the Ministry of Commerce’s Regulation on Hong Kong、Macau service providers in Shenzhen、Notice on the Pilot Establishment of Commercial Factoring Enterprises in Guangzhou"，The common permitted business scopes of foreign-invested factoring companies are as follows:： 1) Providing trade financing by transferring accounts receivable； 2) Collection and settlement of accounts receivable、Management and collection； 3) Sales account (classified) account management； 4) Non-commercial bad debt guarantee related to the company’s business； 5) Customer credit investigation and evaluation； 6)Related consulting services； 7) Other businesses permitted by laws and regulations。

A commercial factoring enterprise shall be established in the form of a limited liability company with a registered capital of not less than RMB 50 million.，The registered capital of a joint-stock company shall not be less than RMB 100 million.。All investments are in the form of currency，Foreign capital includes legally obtained overseas RMB。

1. Commercial factoring companies should set up independent companies，The operating period generally does not exceed 30 years。
2. Commercial factoring enterprises should add the words "commercial factoring" in their names。

two、Conditions for handling domestic commercial factoring companies：

1. Registered capital shall not be less than RMB 50 million。
2. *Profit in the past two years，Provide audit report，Assets reach more than 50 million。
3. When applying for establishment，There should be 3 or more senior managers with more than 3 years of management experience in the financial field and no bad records.。
4. The remaining relevant provisions are consistent with the conditions for foreign investment establishment.。

three、Business scope of domestic factoring companies： "Guaranteed payment agency (non-bank financing)" and "factoring-related business consulting" are common business scopes of domestic factoring companies，However, there are many more business scopes that factoring companies often add to the list.，Other business scopes if there is no special

Require

All can be written，For example, the following business scope：Operating import and export business、Economic Information Consulting、Invest and establish industries、supply chain management、Trusted asset management、Engage in guarantee business, etc.。

Four、Business scope of foreign factoring companies： According to the Ministry of Commerce’s Regulation on Hong Kong、Macau service providers in Shenzhen、Notice on the Pilot Establishment of Commercial Factoring Enterprises in Guangzhou"，The common permitted business scopes of foreign-invested factoring companies are as follows:： 1) Providing trade financing by transferring accounts receivable； 2) Collection and settlement of accounts receivable、Management and collection； 3) Sales account (classified) account management； 4) Non-commercial bad debt guarantee related to the company’s business； 5) Customer credit investigation and evaluation； 6)Related consulting services； 7) Other businesses permitted by laws and regulations。

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